DO PRODUCT MARKET REGULATIONS IN UPSTREAM SECTORS CURB PRODUCTIVITY GROWTH? PANEL DATA EVIDENCE FOR OECD COUNTRIES

被引:153
作者
Bourles, Renaud [1 ]
Cette, Gilbert [2 ]
Lopez, Jimmy [3 ]
Mairesse, Jacques [4 ,5 ]
Nicoletti, Giuseppe
机构
[1] Ecole Cent Marseille, Aix Marseille Sch Econ, CNRS, Marseille, France
[2] Aix Marseille Univ, Aix Marseille Sch Econ, CNRS, Marseille, France
[3] Univ Bourgogne, F-21004 Dijon, France
[4] Univ Maastricht, Banque France, CREST ENSAE, Maastricht, Netherlands
[5] NBER, Cambridge, MA 02138 USA
关键词
RESEARCH-AND-DEVELOPMENT; INNOVATION; COMPETITION; INVESTMENT; POLICY; ENTRY; TRADE;
D O I
10.1162/REST_a_00338
中图分类号
F [经济];
学科分类号
02 ;
摘要
We identify the impact of intermediate goods markets imperfections on productivity downstream. Our empirical specification is based on a model of multifactor productivity (MFP) growth in which the effects of upstream competition can vary with distance to frontier. This model is estimated on a panel of fifteen OECD countries and twenty industries over 1985 to 2007. Competitive pressures are proxied with industry product market regulation data. We find evidence that anticompetitive upstream regulations have significantly curbed MFP growth over the past fifteen years, and more strongly so for observations that are close to the productivity frontier.
引用
收藏
页码:1750 / 1768
页数:19
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